Hello,I am doing real estate part-time. I am dedicating 2 hours a day for my business. My goal right now is to do flips then rental properties down the line. My partners and I have gathered some leads for direct mail....
When you are considering buying pre-foreclosures (that's what they are called before the auction) you have to have some money to bring the loan current, give moving money to the seller, pay closing costs and make paym...
Hello BP,I have been wanting to ask this questions for about a year now, and have finally built up the guts to get some help on this topic. Hoping the BP communicate can provide the insight and guidance I have been ye...
I have a family currently renting one of my properties that had asked for the option to renew the lease for the first year. The lease had explicit language stating how to exercise the option, and it seems that they h...
Good afternoon BP,
I am a new investor starting out my business model with lease option sandwiches.
My question is: how do I determine the future value/purchase price of a home when structing the lease option sandwi...
We just finished a flip that is listed on the MLS. We decided to also offer it as a Lease with a 3-year option to buy. Having never done one of these, can I get some feedback on how we structured the option and pose...
I did something this week that caused me to reflect a bit on where I started and how far I've come. It was a fun realization so I thought I'd share it here.I purchased my first real rental 11 years ago off the MLS for...
I am in a situation with a co-owner of a residential property just outside of Houston whereby my co-owner has decided she wants out of the arrangement. We purchased the home over 3 years ago with the intention of sta...
What is a sandwich lease option, and how exactly does it work?
I’m looking to start doing my “dry reps” as David Greene calls it, so when I do get my down payment saved, I will be able to quickly evaluate a BRRRR deal.I plan on looking through homes for sale in my area and runnin...